TMM's Cash Collections from Sales Grow by 3% Y-o-Y in H1 2013
OREANDA-NEWS. In H1 2013, TMM's cash collections from sales of properties grew by 3% y-o-y and amounted to UAH 82.8 million.
Sales in Kyiv and Kharkiv constituted 91% and 9% of the total amount respectively.
Sales in projects under construction accounted for 35% of the total amount. Those included 3rd phases of Lomonosova str. (Kyiv) and Akhsarova str. (Kharkiv) projects as well as a recently started premium-class residential complex Alter Ego in Kyiv (Laboratorny lane).
The total sales breakdown by class of property is, as follows: business - 86%; premium - 10%; economy - 4%.
The largest project TMM is currently selling properties in is a business-class residential complex Sonyachna brama (73-79 Lomonosova str., Kyiv), with the total sellable area of over 167 ths. sq m.
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